Bolsonaro

SÃO PAULO—The financial future of Brazilian oil giant Petrobras hung in the balance Tuesday as its board moved forward with plans to approve President Jair Bolsonaro’s controversial appointment of an army general to the company’s helm in an apparent bid to force the firm to subsidize fuel prices. Mr. Bolsonaro’s…

Business Petrobras shares plunged 22per cent on Monday, wiping out 71 billion reais (US$13 billion) in market value, as Brazilian President Jair Bolsonaro again slammed its pricing policies after he replaced the state-controlled oil company's market-friendly CEO with a retired army general. FILE PHOTO: A logo of Brazil's state-run Petrobras…

RIO DE JANEIRO - Brazil's oil sector regulator ANP does not see President Jair Bolsonaro's appointment of a new Petrobras CEO altering the country's policy of opening up the domestic refinery market to private investment, ANP director-general Rodolfo Saboia said on Monday. Shares in Petroleo Brasileiro SA, as the company…

No results matched your search EconomyFeb 22, 2021 02:00PM ET By Jamie McGeever BRASILIA (Reuters) - Brazilian financial markets went into a tailspin on Monday, as investors dumped the country's currency and stocks, while pushing up interest rates, after President Jair Bolsonaro moved late on Friday to sack the head…

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SAO PAULO, Brazil - Gun purchases in Brazil nearly doubled last year, yet controls on the purchase and use of weapons is weak and violent homicides are rising. In 2020, nearly 180,000 new guns were registered in Brazil, the highest number on record and a 91% increase on the previous…

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Credit: Pixabay/CC0 Public Domain Brazil's newly launched vaccination campaign against COVID-19 has gotten off to a late and rocky start—as the country is hammered by a second wave of the disease, it is already close to running out of vaccine, syringes and other vital equipment, according to scientists who blame…

Jair Bolsonaro could face charges in the international criminal court (ICC) after being accused of crimes against humanity. Indigenous leaders in Brazil and human rights groups are urging the court to investigate the Brazilian president over his dismantling of environmental policies and violations of indigenous rights, which they say amount…